other_material
confidence high
sentiment neutral
materiality 0.40
Green Dot sets interim CEO Jacobs compensation through Jan 2026: RSUs, $1.75M bonus
GREEN DOT CORP
- Monthly salary of $50,000 and monthly service award up to $60,000 for interim CEO Jacobs through January 7, 2026.
- Granted 131,717 time-based RSUs vesting June 19, 2026; accelerated vesting on termination without cause or corporate transaction.
- Eligible for one-time discretionary bonus up to $1,750,000 (cash or stock) based on strategic plan execution and leadership transition.
- Committee to assess performance on factors including strategic alternatives progress, financial performance, and management.
item 5.02